Research
More Federal Spending Is a Boon to US, Says JPM
Casting aside budget hawks’ concerns and inflation upticks, the firm applauds the industrial policy under the Biden Administration.
Tag: deficit
Asset Allocation
What Is the 10-Year Treasury’s Falling Yield Telling Us?
Not that a slowing economy is ahead, says BCA Research. The answer, it thinks, is ‘more subtle.’
Pensions
US, UK Corporate Pension Deficits Widen Due to Falling Equity Markets
Rising discount rates were not enough to offset markets spooked in October by surging COVID-19 cases.
Market Moves
Both Trump and Biden Will Bring Higher Corporate Taxes, PwC Survey Says
A daunting 70% of execs polled think either candidate will boost business levies to help pay for the added trillions in federal relief spending.
Asset Allocation
Op-Ed: We Need to Talk about Pensions
Matthew Bale from RiskFirst, a Moody’s Analytics company, takes an analytical look at the implications of COVID-19 for the UK pension industry.
Why Germany, Its Wings Clipped, Will Take Flight Again
Canny moves on the No. 4 economic power’s business structure, political situation, and efforts fighting the virus should form the basis for a rebound.
Asset Management Culture
Pandemic Causes Railway Pension to Leave Taxpayers Shouldering £8 Billion Deficit
The UK-based Transportation Railway Scheme is deliberating ways to support the troubled railway pension.
UK DB Plans’ Deficit Widens to £90.7 billion in July
Funding level falls to 95% from 97%.
UK Pensions Funded Level Accelerates in February
Total deficit for private sector DB plans shrinks 41% over the past year.
Milliman sees improvement in largest corporate plans’ funded ratio
Deficit drops to $247 billion from $275 billion.